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Careers

1314 Emperor Avenue
5303 - Carlington Ottawa K1Z 8C6

$1,560,000 /For Sale
Commercial

Main Photo: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 1: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 2: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 3: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 4: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 5: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 6: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 7: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 8: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 9: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 10: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 11: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 12: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 13: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 14: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 15: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Photo 16: 1314 Emperor Avenue in Ottawa: 5303 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12065084
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12065084
Bus Major:
Apts - 6 To 12 Units
Your next investment opportunity in Ottawa's hot rental market...This solid brick 6-unit building is in good condition, fully rented, and offers a combination of 2 one-bedroom apartments on the lower level & 4 two-bedroom apartments on the second and third levels...More than 6 parking spots outside...6 storage bins & coin-operational laundry on the lower level...Centrally located property with easy access to many amenities like the downtown, the 417, Merivale Road shopping, hospitals, transit, experimental farm, parks, and more...Units are spacious & sunny with Southern exposure...Every unit has its own hydrometer, and one is for the common areas...Some rents are below market value with plenty of upside on future rents...The property is built on a large lot 108x100 ft with potential for future development in a rapidly growing & changing area...Gross Operating Income is $90,500/year, Operating Costs is around $28500/year and Net Operating Income is around $62,000/year.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
0 sq. ft. Square Feet
Total Area:
0 sq. ft.
Depth:
100'
Frontage:
108'
Lot Shape:
Rectangular
Bathrooms:
6.0
Water supply:
Municipal
Zoning:
R4UC
Heating type:
Gas Hot Water
Survey Available:
No
Garage:
Outside/Surface
Parking Spaces:
6
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$11,068 / 2024
Assessment:
$- / 2024
Carlington - Central Park
5303 - Carlington
Ottawa
No
4 Hot Water Tanks
6 fridges, 6 ovens, 2 hot water tanks, and a boiler for heating
Tenants belongings
None
Water Supply Types:
None
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
No
Gross income:
$90,500
Net Income Before Debt:
$62,000
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$3,800
Hydro Expenses:
$2,460
Insurance Expenses:
$4,658
Management Expenses:
$0
Tax Expenses:
$11,068
Operating Expenses:
$28,500
Other Expenses:
$1,808
Water Expenses:
$4,050
Year Expenses:
2023
Maintenace Expenses:
$656
Vacancy Allowance:
0
Property Management Company:
Self
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
Outside Storage:
No
Date Listed:
Apr 06, 2025
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Listed by REAL ESTATE SOLUTIONS CORP.
Data was last updated May 5, 2025 at 04:15 AM (UTC)
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